Compagnie Ivoirienne d'Électricité (CIE) Balance Sheet Health
Financial Health criteria checks 4/6
Compagnie Ivoirienne d'Électricité (CIE) has a total shareholder equity of F CFA40.2B and total debt of F CFA155.6B, which brings its debt-to-equity ratio to 386.9%. Its total assets and total liabilities are F CFA573.9B and F CFA533.7B respectively. Compagnie Ivoirienne d'Électricité (CIE)'s EBIT is F CFA15.5B making its interest coverage ratio 6.2. It has cash and short-term investments of F CFA111.1B.
Key information
386.9%
Debt to equity ratio
XOF 155.63b
Debt
| Interest coverage ratio | 6.2x |
| Cash | XOF 111.07b |
| Equity | XOF 40.23b |
| Total liabilities | XOF 533.71b |
| Total assets | XOF 573.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CIEC's short term assets (F CFA417.1B) do not cover its short term liabilities (F CFA457.9B).
Long Term Liabilities: CIEC's short term assets (F CFA417.1B) exceed its long term liabilities (F CFA75.9B).
Debt to Equity History and Analysis
Debt Level: CIEC's net debt to equity ratio (110.8%) is considered high.
Reducing Debt: CIEC's debt to equity ratio has reduced from 962.7% to 386.9% over the past 5 years.
Debt Coverage: CIEC's debt is well covered by operating cash flow (22%).
Interest Coverage: CIEC's interest payments on its debt are well covered by EBIT (6.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 13:42 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Compagnie Ivoirienne d'Électricité (CIE), S.A. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Meriem Kaddour | AlphaMena |